Tuesday 20 November 2018

Siro CFO to take top job at telecoms firm as chief returns to ESB

Siro outgoing boss Sean Atkinson
Siro outgoing boss Sean Atkinson
Adrian Weckler

Adrian Weckler

Siro, the telecoms firm which is a joint venture between the ESB and Vodafone, is to change its chief executive.

Outgoing boss Sean Atkinson will return to the ESB to lead ESB International, while the telco’s chief financial officer, John Keaney, assumes the top job at Siro.

The switch is part of a contractual arrangement between the ESB and Vodafone, whereby one person from each entity would assume the CEO role and CFO role, changing after four years.

Siro’s new CFO is to be Michelle Mullally, currently the ESB’s group internal auditor.

The change in leadership is unconnected to the government’s National Broadband Plan, which Siro pulled out of a year ago.

According to the company, Siro is shortly set to ‘pass’ 200,000 homes and businesses in large regional towns and cities for fibre broadband, with over 30,000 connected to the service.

The move comes as the government awaits an auditor’s report on the future of the state-subsidised National Broadband Plan (NBP), which aims to connect 540,000 rural homes and businesses to high speed broadband.

Consultant Peter Smyth is to report on whether the integrity of the NBP process was undermined by meetings held between Granahan McCourt chief David McCourt and former Communications Minister Denis Naughten. The report is expected in the next week.

Opposition parties have called for an alternative state grant for broadband, possibly involving the ESB, Bord an Mona or Ervia.

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